More car buyers are hunting for used EVs – CarMax says searches filtered by “electric vehicle” have nearly doubled since January 2022. CarMax saw EV searches surge in March 2022 and again in June 2024. The first spike lined up with the gas price shock after Russia invaded Ukraine, and the second came right as… Continue reading Used EV prices fell 40%, and buyers are searching like never before
Author: Electrek Newsfeed
Tesla (TSLA) stock surges on Elon’s lies despite disastrous earnings
Tesla’s stock (TSLA) surged by as much as 8% today following the company reporting disastrous earnings results – its worst in years and way below expectations. The stock seems to surge based on people believing Elon Musk’s lies. Yesterday, Tesla released its Q1 2025 financial results, confirming its worst performance in years. The automaker is now… Continue reading Tesla (TSLA) stock surges on Elon’s lies despite disastrous earnings
Live Tesla Q1 2025 earnings transcript fact check and reaction stream
We are doing something a bit different today. We are doing a live stream reaction and fact check of Tesla’s Q1 2025 earnings calls and transcript. Join us live at 10 AM ET. Yesterday, Tesla released its Q1 2025 financial results and held its earnings call. There was a lot of information shared by Elon… Continue reading Live Tesla Q1 2025 earnings transcript fact check and reaction stream
Musk complains about handouts when Tesla was only profitable due to credits
Tesla’s earnings report dropped today, and news isn’t great. But instead of recognizing his failures that have led to Tesla’s downturn, CEO Elon Musk lashed out with conspiracy theories while also hypocritically failing to acknowledge that his company was only profitable this quarter due to regulatory credits. The numbers are in on Tesla’s dismal quarter,… Continue reading Musk complains about handouts when Tesla was only profitable due to credits
Here are all the crazy claims Elon Musk made about Tesla self-driving today
Elon Musk said Tesla’s self-driving will start contributing to the company’s profits… wait for it… “next year” with “millions of Tesla robotaxis in operation during the second half of the year.” The claim has become a running joke, as he has made it for the last decade. During Tesla’s conference call following the release of… Continue reading Here are all the crazy claims Elon Musk made about Tesla self-driving today
Tesla once again tells CEO Elon Musk to knock it off with the politics nonsense
Tesla just dropped its Q1 2025 earnings and the news isn’t great, as sales and profits have fallen significantly and missed already-low expectations. And in the earnings report, the company has issued what seems to be an admission that its own CEO’s actions are to blame. It’s been a rough time for Tesla employees lately.… Continue reading Tesla once again tells CEO Elon Musk to knock it off with the politics nonsense
Tesla (TSLA) begins to shy away from growth guidance after terrible quarter
Tesla (TSLA) is no longer confidently stating growth in its automotive business for 2025, and it has delayed updating its guidance until the next quarter after a disappointing performance in the first three months of the year. 2024 was Tesla’s first year in a decade where its vehicle deliveries went down year-over-year. Just a few… Continue reading Tesla (TSLA) begins to shy away from growth guidance after terrible quarter
Tesla (TSLA) Q1 2025 financial results: missed big on already terrible expectations
Tesla (TSLA) released its financial results and shareholders’ letter for the first quarter (Q1) and full-year 2025 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q1 2025 earnings expectations As we reported… Continue reading Tesla (TSLA) Q1 2025 financial results: missed big on already terrible expectations
Tesla Q1 2025 earnings preview: it’s going to be a messy one
Tesla (TSLA) will release its Q1 2025 financial results today, Tuesday, April. 22, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here, we’ll look at what the street and retail investors expect for the quarterly results. Tesla Q1 2025 deliveries and energy deployment CEO… Continue reading Tesla Q1 2025 earnings preview: it’s going to be a messy one
GM doubles down on Mexico, “no plans” to move EV production to US
Chevy Equinox with “Mexico” sepia filter. Despite the will-they, won’t-they uncertainty surrounding the future of tariffs and union jobs and – let’s face it – just about everything else in every industry these days, GM says it has no plans to move production of its Ultium-based EVs from Mexico to the US. GM has exclusively produced electric… Continue reading GM doubles down on Mexico, “no plans” to move EV production to US